Italian Restaurant for sale in Chicago suburbs..………….………….........$1,950,00 plus inventory
Chicago Suburbs – Sale Includes: the Business, all Equipment & all Fixtures
Historic family owned suburban restaurant, almost 20 yrs in business, quality home-made food that has unmatched quality in Chicago, recipes are hand-made from scratch, large custom built full service bar with stools, pub tables & a dinner seating area, (approx) 3000 square foot interior restaurant space, plenty of room for major expansion such as banquet halls. This restaurant has a gorgeous outdoor patio surrounded by mature landscape, plenty of parking currently on this property & room for plenty more. The current owner is semi-absentee and runs an entirely different business, but is involved in food preparation with his authentic ingredients, sauces and some cooking etc... Multiple generations of original customers come in weekly, special event dinners are held in one of multiple dining rooms; holiday celebrations take place throughout the year as this restaurant decks itself out in full lighted color especially for Christmas. Additional new business growth could continue to be developed with a more substantial advertising/marketing program as well as an owner/operator who devotes 100% of his/her time to this business. If you want great food & an authentic dining experience, this is the place. If you want plenty of room for your own business concept or additions, this is the place.
Asking Price: $1,950,000.00 plus inventory
Gross annual sales (approximately): Owner will discuss all details
Cash flow or net (approximately): Owner will discuss all details
Value of furniture, fixtures & equipment (approximately): $200,000.00
Value of inventory (approximately): $25,000.00 (Not Included in Asking Price)
Building, Lease details (approximately): 3 walk-ins, 191 seats, full bar, at least 70 parking spaces currently in use & more can be created.
Seller Financing: Owner is not currently wiling to finance a buyer without details, but provided the buyer was both financially qualified and also very experienced, the owner may consider a small amount of financing.
Contact: Dennis, Info@abausa.com, American Business Acquisitions, Inc. 312-360-1955